380 Fm 156 Krum, TX 76249
This exceptional 10-acre commercial land parcel presents a unique investment opportunity at the southwest corner of US-380 and FM-156 in Denton County. Zoned for development within the Denton ETJ, this property boasts a prime location with excellent visibility and accessibility. A development agreement is already in place, streamlining the development process. The site is "pad ready," meaning utilities are available at the site, significantly reducing development time and costs. Two curb cuts provide convenient access from US-380, ensuring high traffic visibility for potential tenants. This location offers significant potential for retail development, capitalizing on the underserved retail market in the immediate area. The property's strategic location benefits from substantial residential growth, with over 9,905 new housing units adding to the robust consumer base. New construction retail and pad sites are available, making this an ideal location for businesses seeking immediate occupancy. The single-tenant configuration offers flexibility and control for developers. This 10-acre tract represents a rare opportunity to establish a thriving commercial presence in a rapidly expanding area. The property's strategic location and "pad ready" status make it an attractive investment for developers and businesses alike. Don't miss this chance to secure a prominent position in this high-growth corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.